The tweet was deleted by the author.
But we saved everything 🙂.
Kyle Pomerleau argues that progressivity is a meaningless concept when it comes to business entities and tax policy.
He explains that it is ultimately the owners and workers of these entities who bear the burden of taxes, and their incomes often do not correspond to the profitability of the business. According to Pomerleau, this disconnect makes the idea of applying progressivity to businesses misguided.
Pomerleau has previously examined other areas of tax policy, noting that most homeowners are shielded from large taxable gains by the capital gains exclusion on property sales. He has also scrutinized economic analysis tied to the U.S. trade deficit, questioning common definitions of excess savings inflow. These assessments add context to his ongoing focus on how tax policy impacts different groups.